Senate Democrats demand public prediction-market hearing after GOP-Kalshi meeting

Crypto Insight Summary: Every Democrat on the Senate Banking Committee called on Republican Chair Tim Scott on Wednesday to hold a public hearing on prediction markets, the same day committee Republicans met privately with Kalshi CEO Tarek Mansour, according to The Block. The dispute comes as prediction markets move well beyond a niche corner of trading. Combined monthly... Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Political pressure on prediction markets may cause temporary uncertainty but unlikely to significantly impact crypto markets.